SEC accuses crypto day trader of market manipulation
On October 30th, the U.S. Securities and Exchange Commission (SEC) filed a case against a day-trader based in Ambler, Pennsylvania. Joseph P. Willner, age 42, was accused of running a market manipulation scheme through the unlawful take-over of at least 110 brokerage accounts.
E-commerce giant, Amazon, buys three Cryptocurrency-related domains
Three new domains having cryptocurrency-related names were secured this Tuesday by Amazon’s legal department, as reported by the Trade Publication DomainNameWire. The domains registered to Amazon are amazonethereum.com, amazoncryptocurrencies.com and amazoncryptocurrency.com.
Russia loses 18 billion rubles due to lack of ICO regulation
New research has found that the Russian economy lost out on over 18 billion rubles due to inefficient ICO regulation.
Coinbase adds 100,000 users in less than 24 hours
The trading platform now boasts over 12 million users.
New Zealand reveals policies for Cryptocurrency regulation
The New Zealand financial regulating body has confirmed that cryptocurrency will be viewed as securities.
Majority of Americans still clueless about cryptocurrency
Other than Bitcoin, most Americans still don’t know anything about the general cryptocurrency market, according to the latest study.
Bitcoin jobs fastest growing sector in employment industry
In addition to price surges, Bitcoin proved to be the world’s leading creator of jobs.
Bitcoin value breaks records at US $6,400
China’s cryptocurrency crackdown and US Securities and Exchange Commission’s declaration of digital tokens as ‘securities’, has not slowed down the rate at which Bitcoin and other cryptocurrencies are appreciating in value, as the Bitcoin price has just reached its new record-breaking high of $6,400.
Cryptocurrency trading platform Nova Exchange is closing down
On October 30th, one of the oldest and most popular cryptocurrency trading platforms, Nova Exchange, announced that they were shutting down for a period of time. The Sweden-based cryptocurrency exchange claims that it will be making major upgrades to improve its operations, enabling it to better handle scaling, stability and security.
Vietnamese State Bank plans on banning the use of bitcoin as a payment
The State Bank of Vietnam (SBV) has announced the legal framework for digital currencies, as reported by local publications, and payments in the form of bitcoin and other digital currencies have been banned completely within the country.
